United States Brent Oil Fund (BNO) Operating Expenses (2010 - 2026)

United States Brent Oil Fund (BNO) has reported Operating Expenses for 17 consecutive years, with $1.8 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 664.81% year-over-year to $1.8 million; the trailing twelve-month figure through Jun 2026 stood at $3.0 million (up 113.69% YoY), and the FY2025 full-year result was $1.1 million, down 33.24% from the prior year.
• Operating Expenses improved to $1.8 million in Q2 2026 per BNO's latest filing, from $634670.0 in the prior quarter.
• Across five years, Operating Expenses topped out at $1.8 million in Q2 2026 and bottomed at $239057.0 in Q2 2025.
• Historically, Operating Expenses has averaged $537196.7 across 5 years, with a median of $425227.0 in 2023.
• The sharpest annual moves came in 2023 and 2026: Operating Expenses slumped 46.47% in 2023, then soared 664.81% in 2026.
• Over 5 years, Operating Expenses stood at $559605.0 in 2022, then retreated by 28.35% to $400950.0 in 2023, then gained by 2.62% to $411464.0 in 2024, then sank by 33.38% to $274099.0 in 2025, then soared by 567.03% to $1.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.8 million, $634670.0, and $274099.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.